Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Investors were eager to tender their bonds despite initial resistance
Inclusion of a variable rate instrument was not acceptable to official creditors
Oil producer's cost of funding has fallen hundreds of basis points since February
Sovereign's Eurobond began about 40bp back of fair value, said leads
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More articles/Ad
More articles
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There are technical reasons for such wide spreads, in particular very low liquidity
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Both lenders and borrowers hate the pricing on offer, depending on which part of the market they occupy
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Africa sovereign spreads hit hard despite oil price surge
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Early June optimism proves to have been yet another false dawn
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Investors see little reason to play in primary
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But a busy holiday period means borrowers may have to wait until into June to test the market